Metals & Mining Theme, Non-Ferrous

February 29, 2024

Platts starts publishing monthly average for lithium spodumene FOB Australia

Platts, part of S&P Global Commodity Insights, has begun publishing a monthly average calculation for its daily lithium spodumene assessment (BATSP03), effective Feb. 29.

The new data series has also been backfilled for January.

Platts reflects the following specifications for lithium spodumene:

Assessment Lithium Spodumene FOB Australia
Symbol BATSP05
Frequency Monthly
Quality Min 6% Li2O
Quantity Min 1,000 mt
Incoterms and Location FOB Australia
Timing Within 30 days
UOM $/mt
Payment Term Letter of Credit
Assessment Time Stamp 4:30 pm SGT

Platts lithium spodumene assessments are published on Platts Nonferrous Metals Alert on page MTL/PMA8888, Platts Metals Daily, Platts Connect, Platts Market Center and in the Platts price database.

Please send comments and questions to battery_metals@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make those not marked as confidential available upon request.